Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 5.6333 to 5.2865 . 5.4924 (59.37%) .
Intermediate 5.2865 to 5.4924 . . 5.3688 (60.03%)
Short 5.4275 to 5.4924 . . 5.3688 (190.45%)